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Nc~~-Utv~FOkH Cc:yF.NANTS Borrower and Lender further covrnant and agree as follows:
19, Acceleration; Remedies. lxnder shal! give notice to Borrower prior to acceleratiun following Borrower's
breach of any covenant or agreement in tbis Security lnstrument lbut not prior to acceleration under paragraphs 13 and 17
unless applicable law prorides otherwise). The notice shall specify: (a) the default; Ib) the action required to cure the
default; (c) a date, not less than 30 ~days from the date the notice is given to Borrower, by which the detault must be cured;
and (d) that failure to cure the defAUlt on or before the dsite specified in the notice may result in acceleration of the sums
secared by this Security Instrument, foreclosure by judicial proceeding and sale of the Property. The notice shatl further
inform Borrower of the right to reinstate aft~r s?eceleration and the right to assert in the foreclosure proceeding the non-
existence of a default or any other defense of Borro~ser to acceleration and foreclosure. If the d~efault is not cured on or
before the date specified in the notice, l.ender at its option may require immediate payment in full of atl sums secured by-
this Security [nstrument without further demand and may [oreclos,e this Security lnstrument by judicial proceeding.
I.ender shal) be entitled to collect ail expenses incurred in pursuing the remedies provided in this paragraph 19, including,
but not limited to, reasonable attorneys' fees and costs of title evidence.
20. Lender in Possessioe. Upon acceleration under paragra~h 19 or abandonment of the Pmpert}~, Lender (b}~
judicially appointed receiver) shall be entitled to enter upon, take pos~session of and man;~ge the Property and to collert the
rent~ of the Property including those past due. Any rents collected by Lender or the receiver shall be applied fint to
payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fres.
premiums on receiver's bonds and reasonable attorneys' fec~, and thrn to the sums secured by this Sc~urit~~ Instrument.
2l. Release. Upon payment of all sums secured by this Sec.urity Instrument, Lender shall release this Serurit~~
Instrument without charge to Borrower. Borrower shall pay any recordation costs.
22. Attorneys' Fees. As used in this Security Instrum~nt and the Nole, "attorneys' fe~~" shall include an~• attarne~s'
fcti~ awarded by an appellate court. i
23. Riders to this Security Instrument. If one ar more riders are executed by Borro~cer and rerarded together w~ith
this Security Insirument, the covenants and agreements of each such rider shall be incorporated into ai~d shall amend and
supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Securit~~ .
Instrument. [Check applicable box(es)J ;
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~ Adj~stable Rate Rider ~ Condominium Rider ~?-4 Famil~~ Rider _ ~
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i Graduated Payment Rider ~ Planned Unit Development Rider
~ Other(s) [specify]
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Bl' Stc~lt~c; BELOW, Borrow~er accepts and agrees to the terms and co~~enants contained in this Security '
[n~trument and in any rider(s) executeci by Botrower and recarded w•ith it. !
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Si d, sealed and delive in the presence of: ~
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. . . .............................(Seal
)
,
~T~~ A. -Bo~~o~e~
.~'~-Q-1.•...~`~..--i/!• -~L-: . . . . . . . csed~>
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' STATE OF FLORID.A, COUqty SS:
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I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
~ aforesaid to take acknowledgements, personally appeared J~I A. KRApT A[~ A~L1A L~ KRAFT
i
~ , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that ~~y erecuted the same for the parpose therein ex-
, pressed.
~ W~TtvESS my ha~ and offirial seal in the ceunty and state aforesaid this 26 day of ~
s
z , 19 ~ ;
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Il ~~c. ; . ( ~ PSL Title Company.lnc.
1057 . S Hwy. 1 Ste. 20p
PortQi~ucie, ~l 34952
BO~K 6~~ PAGE1698
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